Dimensional Fund Advisors Portfolio holdings
Dimensional Fund Advisors (DFA), founded in 1981 by David Booth and Rex Sinquefield and headquartered in Austin, Texas, is an investment management firm renowned for its evidence-based, low-cost approach to investing, grounded in academic research from Nobel laureates like Eugene Fama and Kenneth French. Managing hundreds of billions in assets, DFA focuses on systematic, passive strategies that tilt toward factors like small-cap, value, and profitability stocks, primarily through mutual funds and institutional portfolios rather than retail brokerage services. The firm’s philosophy eschews market timing and stock picking, instead emphasizing diversification and efficient market exposure, often requiring investors to access its funds through approved financial advisors. With a global presence and a reputation for disciplined, data-driven investing, DFA has carved a unique niche in the industry, blending academic rigor with practical application.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AT&T
T
|
+$173M |
| 2 |
Cisco
CSCO
|
+$163M |
| 3 |
Medtronic
MDT
|
+$115M |
| 4 |
WBA
Walgreens Boots Alliance
WBA
|
+$113M |
| 5 |
FirstCash
FCFS
|
+$91.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$357M |
| 2 |
FCS
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
|
+$195M |
| 3 |
Union Pacific
UNP
|
+$153M |
| 4 |
PLCM
POLYCOM INC
PLCM
|
+$112M |
| 5 |
FMER
FIRSTMERIT CORP
FMER
|
+$107M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 18.14% |
| 2 | Industrials | 13.5% |
| 3 | Technology | 12.85% |
| 4 | Consumer Discretionary | 9.35% |
| 5 | Healthcare | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
Sunstone Hotel Investors
SHO
$2.19B
| $37.7M | 0.02% |
2,950,105
+26,312
| +0.9% | +$345K |
|
1352
Banc of California
BANC
$3.03B
| $37.7M | 0.02% |
2,160,977
+379,638
| +21% | +$7.88M |
|
|
RAVN
1353
DELISTED
Raven Industries Inc
RAVN
| $37.7M | 0.02% |
1,638,176
+22,162
| +1% | +$478K |
|
|
CTXS
1354
DELISTED
Citrix Systems Inc
CTXS
| $37.6M | 0.02% |
553,771
+27,102
| +5% | +$1.85M |
|
1355
Barnes & Noble Education
BNED
$431M
| $37.6M | 0.02% |
39,256
+352
| +0.9% | +$388K |
|
|
ALXN
1356
DELISTED
Alexion Pharmaceuticals
ALXN
| $37.5M | 0.02% |
306,395
+9,229
| +3% | +$1.19M |
|
|
PPL
1357
PPL Corp
PPL
$26.5B
| $37.5M | 0.02% |
1,083,343
+48,805
| +5% | +$1.76M |
|
|
SEE
1358
DELISTED
Sealed Air
SEE
| $37.4M | 0.02% |
816,225
+18,801
| +2% | +$884K |
|
1359
National Health Investors
NHI
$3.72B
| $37.4M | 0.02% |
476,266
+4,856
| +1% | +$382K |
|
|
EBIX
1360
DELISTED
Ebix Inc
EBIX
| $37.4M | 0.02% |
657,096
-72,165
| -10% | -$3.95M |
|
|
FLIR
1361
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $37.3M | 0.02% |
1,188,429
+39,762
| +3% | +$1.25M |
|
|
EDR
1362
DELISTED
Education Realty Trust Inc
EDR
| $37.3M | 0.02% |
864,866
+41,984
| +5% | +$1.92M |
|
1363
Incyte
INCY
$24.2B
| $37.3M | 0.02% |
395,461
+146,209
| +59% | +$12.3M |
|
1364
Neogen
NEOG
$2.63B
| $37.2M | 0.02% |
1,774,696
+52,203
| +3% | +$1.12M |
|
|
HOUS
1365
DELISTED
Anywhere Real Estate
HOUS
| $37.2M | 0.02% |
1,438,907
+19,070
| +1% | +$529K |
|
1366
Grupo Aeroportuario del Sureste
ASR
$8.27B
| $37.2M | 0.02% |
254,162
-66,382
| -21% | -$10.1M |
|
1367
TransDigm Group
TDG
$70.2B
| $37.2M | 0.02% |
128,603
+2,337
| +2% | +$656K |
|
|
GTT
1368
DELISTED
GTT Communications, Inc.
GTT
| $37.2M | 0.02% |
1,579,563
+16,946
| +1% | +$358K |
|
1369
Radian Group
RDN
$5.18B
| $37.1M | 0.02% |
2,741,123
+62,136
| +2% | +$801K |
|
|
USG
1370
DELISTED
Usg
USG
| $37.1M | 0.02% |
1,436,005
+394,020
| +38% | +$10.9M |
|
1371
John B. Sanfilippo & Son
JBSS
$967M
| $37.1M | 0.02% |
722,184
-4,358
| -0.6% | -$210K |
|
|
LHO
1372
DELISTED
LaSalle Hotel Properties
LHO
| $37M | 0.02% |
1,548,029
+14,216
| +0.9% | +$374K |
|
1373
BancFirst
BANF
$3.79B
| $36.9M | 0.02% |
1,018,410
+27,112
| +3% | +$903K |
|
|
MSGN
1374
DELISTED
MSG Networks Inc.
MSGN
| $36.9M | 0.02% |
1,983,793
-6,981
| -0.4% | -$118K |
|
|
GPOR
1375
DELISTED
Gulfport Energy Corp.
GPOR
| $36.8M | 0.02% |
1,303,620
-198,784
| -13% | -$5.67M |
|
Similar funds
Dimensional Fund Advisors's Q3 2016 Portfolio in Review
As of Q3 2016, Dimensional Fund Advisors held 3,358 positions worth $185B, up 6.5% from $174B the previous quarter. Its ten largest holdings account for 9.2% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 4.4%. Dimensional Fund Advisors opened 66 new positions and exited 81, leaving the 3,358-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Industrials and Technology.
- Dimensional Fund Advisors's largest Q3 2016 buy was Dell: 4,845,890 shares worth $65M.
- Dimensional Fund Advisors added most to AT&T in Q3 2016, an estimated $173M increase.
- Dimensional Fund Advisors's biggest Q3 2016 reduction was Union Pacific, cutting an estimated $153M.
- Dimensional Fund Advisors fully exited EMC CORPORATION in Q3 2016, selling an estimated $357M.
- Dimensional Fund Advisors's ten largest holdings make up 9.2% of its $185B portfolio in Q3 2016.
- Dimensional Fund Advisors opened 66 new positions and closed 81 in Q3 2016.
- Dimensional Fund Advisors's portfolio value rose 6.5% quarter-over-quarter to $185B.
Based on Dimensional Fund Advisors's 13F filing for Q3 2016, filed 10 Nov 2016.